Thursday, February 14, 2008

Stocks knocked down by Bernanke




Feb. 14 - U.S. stocks suffered their biggest sell-off in two weeks after the head of the Federal Reserve forecast weak growth and new credit worries surfaced. The Dow lost 175 points to 12,376. The S&P 500 gave up 18 points to 1,348. The Nasdaq tumbled 41 points to 2,332. Oil hit $95 a barrel.

Conway Gittens reports from New York.Reuters Video